US jobless figures: The specter of a new depression

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At www.globalresearch.ca

Friday’s Labor Department report, revealing that US payrolls were cut by 80,000 jobs in March and that 232,000 jobs have been lost in the past three months, can only mean new levels of social misery and raises the specter of a severe economic slump, perhaps the deepest since the Great Depression of the 1930s.

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At www.globalresearch.ca


 

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